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Clusters’ development: spin-offs and external economies

Author

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  • Christian Garavaglia

    (University of Milano-Bicocca, Milan and CESPRI/KITeS, Bocconi University, Milan - Italy)

Abstract

The claim of the paper is that industrial clusters need to be studied from a dynamic perspective. The complexity of cluster formation may be ascribed to its multi-dimensional and multidisciplinary character. The former refers to the co-involvement of individuals’ decisions, firms’ activities and institutions. The latter relates to the psychological, social, cultural and economic aspects needed to explain the birth end evolution of firms’ agglomerations. The paper proposes that theoretical framework which integrate different explanations, as put in evidence by the different approaches in literature, is more apt for grasping the evolution and complexity of clusters. Particular emphasis is given to the processes of spin-off formation.

Suggested Citation

  • Christian Garavaglia, 2008. "Clusters’ development: spin-offs and external economies," KITeS Working Papers 226, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2008.
  • Handle: RePEc:cri:cespri:wp226
    as

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    File URL: ftp://ftp.unibocconi.it/pub/RePEc/cri/papers/WP226Garavaglia.pdf
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    References listed on IDEAS

    as
    1. Breschi, Stefano & Lissoni, Francesco, 2001. "Knowledge Spillovers and Local Innovation Systems: A Critical Survey," Industrial and Corporate Change, Oxford University Press, vol. 10(4), pages 975-1005, December.
    2. Ardichvili, Alexander & Cardozo, Richard & Ray, Sourav, 2003. "A theory of entrepreneurial opportunity identification and development," Journal of Business Venturing, Elsevier, vol. 18(1), pages 105-123, January.
    3. Carlsson, B & Stankiewicz, R, 1991. "On the Nature, Function and Composition of Technological Systems," Journal of Evolutionary Economics, Springer, vol. 1(2), pages 93-118, April.
    4. Bresnahan, Timothy F & Gambardella, Alfonso & Saxenian, AnnaLee, 2001. "'Old Economy' Inputs for 'New Economy' Outcomes: Cluster Formation in the New Silicon Valleys," Industrial and Corporate Change, Oxford University Press, vol. 10(4), pages 835-860, December.
    5. David Audretsch & Max Keilbach, 2004. "Entrepreneurship and regional growth: an evolutionary interpretation," Journal of Evolutionary Economics, Springer, vol. 14(5), pages 605-616, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    cluster; spin-off; entrepreneurship; social ties; external economies.;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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